Fractal Persecutor

Fractal Persecutor Expert Advisor is fully automated. The strategy based on break out levels.

Settings

The Expert Advisor was created by GMT+3 time, so please adjust Start time and End time if your broker GMT zone is different.

Parameters

• Lot - fixed lot for trading
• Start time - start hour for trading
• End time - End hour for trading
• Use trailing stop - true/false
• Trailing stop - trailing stop in pips
• Trailing step - one trailing step in pips
• Trailing start - trailing start in pips
• Use break even - true/false
• Pips on profit - pips on profit then break even will be activated
• Pips offset from open price - you can choose offset from open price, in negative side or in positive side of open price, eg. 10 , -10.
• Max spread - spread check before opening a trade (1 = 1pip , if you don't need this function then set big any number, for example 30)
• Bolinger Bands indicator parameters for opening
• Period for open - Expert Advisor will follow this parameter for opening a trade
• Bands shift for open - Expert Advisor will follow this parameter for opening a trade
• Deviation for open - Expert Advisor will follow this parameter for opening a trade
• Bollingger Bands indicator parameters for closing
• Period for closing - Expert Advisor will follow this parameter for closing a trade
• Bands shift for closing - Expert Advisor will follow this parameter for closing a trade
• Deviation for closing - Expert Advisor will follow this parameter for closing a trade
• Envelopes indicator parameters for stop loss
• MA period - Expert Advisor will follow this parameter for stop loss modification then will open trades
• MA shift - Expert Advisor will follow this parameter for stop loss modification then will open trades
• Deviation - Expert Advisor will follow this parameter for stop loss modification then will open trades
• Slippage - expected slippage for opening a trade
• Comment - comment for trades
• Magic number - unique number for each chart

Recommendations

• Broker account with low spread
• VPS server
• Chart timeframe - M5